344 E Noel DrCadizKY42211
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Cadiz at 344 E Noel Dr, Cadiz, KY, 42211 at $125,000 posts ROI 26.86% with $240/mo cash flow from $1,001/mo rent. Total monthly income equals $1,001/mo, and annual cash flow records $2,880/yr on $41,438 to close. Return on cash invested measures 26.86% and rental yield reads 9.61% at the current $125,000. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 140.12% and total cumulative return in cash totals $58,061.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,001/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1985
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42211, Cadiz, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,329 (100%) |
| Owner Occupied HU | 4,464 (60.9%) |
| Renter Occupied HU | 1,113 (15.2%) |
| Vacant Housing Units | 1,752 (23.9%) |
| Median Home Value | $216,968 |
| Average Home Value | $270,742 |
Housing Distribution
Address Breakdown
Residential
5,796
Single Family
5,760
Multi-Family
36
Businesses
358
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